foreclosures, can you help, even advice on what to do!?

Question

I am looking at buying a home in north carolina early next year. i would like to know what i am getting myself into, i don't have family to ask so i am putting it to you, what are the first things i need to do, how much can i get a lone for and what are the best deals out there at the moment. i wan to make sure i know what i am getting myself into before i sign my life away

Answer 1

When you do decide on investing in a foreclosure, I have the site for you: http://www.foreclosure.com it has all the property information as well as handy tools to guide you through the way.

I'll also attach an article that may help. Investing in property is always a good thing.

Good luck

Answer 2

Take a fist time home owners class. Start saving money so that once you get in your home you have money to fall back on. Don't worry, buying a home is a good thing. Check with Lending tree.com to see how much you can afford. Good Luck. I bought my 1st property at 21 and now I am 30.

Answer 3

I work as a loan officer, i need to know your credit scores, how many lates you've had 30 day, 60 day, how long you've had a credit history. What is your income, and as far as looking for foreclosed properties, you need to be more careful and have some experience so you won't end up paying a lot of out-of-pocket money, and then not able to sell the property........If you want more info, you need to answer my questions or e-mail me at [e-mail], and we'll discuss it in more details..

Answer 4

The first thing you should know is what u qualify for based on your credit situation( credit score) and if u have any money down. if you go thru a realtor, that is more fees because they have to be paid as well. For sale by owners are good. These things I know because I'm a mortgage broker myself. Would be happy to answer further questions. Everyone should know about buying homes.........